Interview - Czech power

The best performing European utility stock, with growth of 260% in the last 24 months, Czech Republic power company CEZ aims to be market leader in the power markets of central and south-eastern Europe. Alan Svoboda, executive director for sales and trading, talks with Stella Farrington

What do you consider the greatest achievements of the trading team so far?

We've really embraced the carbon dioxide (CO2) market. It's not just CO2 credits trading that we do - we've put the carbon market at the heart of our day-to-day operations as well as strategic planning. It influences our plant dispatch decisions, as well as long-term decisions on plant build. Every day we look at the economics of selling power versus selling CO2. The good thing about the carbon market is that there are no

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